Khartoum, March 12 Sudan's annual rate of
inflation rose to 33.53 percent in February from 32.86 percent
the previous month, as food and energy prices kept rising after
subsidies were cut in early November, the Central Statistics
Office said on Sunday.
Sudan's economy has deteriorated since the south seceded in
2011, taking with it three-quarters of the country's oil output,
its main source of foreign currency and government income.
With revenue dwindling, the government announced cuts to
fuel and electricity subsidies in early November. That saw
petrol prices rise about 30 percent, pushing up transport costs
and feeding through to inflation.
A dollar shortage and a ballooning black market for hard
currency have also made foreign-made goods more expensive in a
country that depends heavily on imports.
(Reporting by Khaled Abdelaziz; Writing by Amina Ismail;
Editing by Richard Lough)